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A growing list of African nations have made deals to explore or implement use of the Chinese currency for trade and financial ...
Asian Banking & Finance on MSN1d
Chinese yuan loans, deposits rose in H1 2025
Outstanding yuan loans grew 7.1% to $37.41t. Outstanding Chinese yuan (RMB) and foreign currency loans rose 6.8% year-on-year ...
June lending soared past forecasts--but under the surface, weak demand and housing pain are still dragging things down.
China's consumer market has remained the second largest globally since the 14th Five-Year Plan period (2021-25), with an ...
Chinese state banks have been consistently accumulating foreign assets. The direction of pressure on China’s currency has changed; without backdoor intervention, it would now be getting stronger.
As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the ...
BEIJING (Reuters) -China's yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data ...
Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the ...
Chetan Ahya of Morgan Stanley sees a global trade slowdown. He also expects the yuan will appreciate less than its Asian counterparts, due to the deflation and tariff challenges that China faces, and ...